What is EDG?
The Enterprise Development Grant (EDG) is a comprehensive grant scheme designed to support Singapore-based Small and Medium Enterprises (SMEs) in their journey towards sustainable growth and innovation. Managed by Enterprise Singapore, EDG empowers businesses to upgrade their capabilities, develop new products, and expand their operations into overseas markets.
EDG recognizes that SMEs are the backbone of Singapore's economy and provides financial support across three key pillars of business development: strengthening core business capabilities, driving innovation and productivity, and enabling market access beyond Singapore's borders.
Support Levels
EDG offers flexible support structures tailored to different business scenarios:
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SMEs
Eligible SMEs receive up to 50% support for approved projects, enabling significant investment in business transformation.
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Non-SMEs
Larger enterprises can access 30% support, encouraging broader participation in economic development initiatives.
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Sustainability Projects
Special recognition for environmental and sustainability initiatives: up to 70% support available from April 2023 to March 2026, demonstrating Singapore's commitment to green business practices.
Three Pillars of EDG Support
EDG funding is structured around three core pillars, each designed to address specific business development needs:
Core Capabilities
Strengthen the fundamental systems and practices that drive business success:
- Business Strategy Development
- Financial Management Systems
- Human Capital Development
- Service Excellence Programs
- Strategic Brand & Marketing
Innovation & Productivity
Leverage technology and process improvements to enhance operational efficiency:
- Automation Solutions
- Process Redesign & Optimization
- Product Development & Enhancement
Market Access
Expand business horizons and reach new international markets:
- Overseas Market Expansion Support
- International Business Development
- Export Market Development
Eligibility Criteria
To qualify for EDG support, your business must meet the following requirements:
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Business Registration
Your company must be registered and actively operating in Singapore at the time of application.
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Local Equity
At least 30% local equity ownership is required to ensure meaningful Singapore business involvement.
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Financial Readiness
Your organization must demonstrate financial capacity to commence and complete the proposed project within the approved timeline and budget.
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Worker Outcomes Commitment
You must commit to one or more worker outcomes including wage increments, job creation, job redesign initiatives, or structured training programs for your workforce.
Application Process
The EDG application process is straightforward and designed to be user-friendly. Follow these steps to apply:
| Step | Details |
|---|---|
| 1. Access Portal | Log into the Business Grants Portal (BGP) and create your application account. |
| 2. Identify Category | Select the project category that best fits your proposed development initiative. |
| 3. Prepare Proposal | Develop a comprehensive proposal outlining your project objectives, timeline, budget, and expected outcomes. |
| 4. Submit Application | Complete and submit your application with all required supporting documents through the BGP. |
| 5. Review Period | Enterprise Singapore reviews your application. Standard review period: 4 to 12 weeks depending on project complexity. |
| 6. Accept Offer | Upon approval, you will receive a Letter of Offer detailing the grant amount and conditions. |
| 7. Implementation | Execute your project according to the approved plan and submit claims for reimbursement of eligible costs. |
Qualifying Costs
EDG supports the following types of expenses within approved projects:
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Third-party Consultancy Fees - Professional services from external consultants and advisors
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Software & Equipment - Technology investments and business infrastructure upgrades
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Internal Manpower Costs - Salaries and benefits for staff dedicated to the project
Official Information
For comprehensive details about EDG, grant amounts, industry-specific criteria, and the latest updates, visit the official Enterprise Singapore website:
Ready to Transform Your Business?
Let our specialists guide you through the EDG application process and help you access up to 50% funding for your next business development project.
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